Heineken acquires additional 39.64 million shares in United Breweries
Shortpedia
Content Team
Image Credit: Heineken
Heineken NV has acquired an additional 39.64 million shares in United Breweries Limited. The purchase of shares translates into a 15% stake in the company. With the deal, Heineken's shareholding in United Breweries has surged to 61.50% from 46.50%. The shares of UBL were currently trading at Rs. 1,430 on BSE. Emkay Research said in its report that "the increase in ownership may drive higher involvement and support from Heineken."
